About Evolve Snacks Private Limited
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Evolve Snacks Private Limited is a private limited company based in New, Delhi, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 16 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55209DL2017PTC317519. Its GSTIN is 07AAECE6404H1ZU (Delhi). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹2.01 Lakh and a paid-up capital of ₹1.47 Lakh. It is led by directors including Sanjay Enishetty Kiran and Angad Sehgal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Property No. 55 3rd Floor, Saidulajab Near Westend Marg., New, Delhi, India – 110030.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.2 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net loss of ₹25.97 Lakh (net margin -4.2%) and EBITDA of -₹24.89 Lakh (EBITDA margin -4%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 53% over five years.
The company is associated with 2 brands: EVOLVE Brands and Evolve Snacks. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.95 Cr; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evolvesnacks.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressProperty No. 55 3rd Floor, Saidulajab Near Westend Marg., New, Delhi, India – 110030
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Evolve Snacks Private Limited FY 2024 filings available
Evolve Snacks Private Limited reported revenue of ₹6.2 Cr (up 79% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Evolve Snacks Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 79% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Evolve Snacks Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹6.2 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹24.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25.97 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Evolve Snacks Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Evolve Snacks are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Evolve Snacks Private Limited
Evolve Snacks Private Limited is audited by ARSJ & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARSJ & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Evolve Snacks Private Limited
Evolve Snacks has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Enishetty Kiran | Director | 15 Jun 2017 | 9 Years 3 Months | Current |
| Angad Sehgal | Director | 16 May 2017 | 9 Years 4 Months | Current |
| Devina Sehgal Also directs: Devinsit (OPC) Private Limited | Director | 16 May 2017 | 9 Years 4 Months | Current |
Ownership and Shareholding of Evolve Snacks Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Evolve Snacks Private Limited
Evolve Snacks Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Evolve Snacks Private Limited
Evolve Snacks Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.95 Cr; the latest was in March 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shubham Cyber Solutions Private Limited |
| Feb 2019 | Funding round | ₹2.1 Cr | Investors: ITI Growth Opportunities Fund, 2 individuals |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 50K Ventures |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2017 | Funding round | ₹84.9 Lakh | Investors: 4 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Evolve Snacks Private Limited
Evolve Snacks operates two associated brands: EVOLVE Brands and Evolve Snacks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a brand offering organic snacks. | evolvesnacking.com | |
| Healthy snacks and beverages are offered via an internet-first brand. | evolvesnacks.com |
Employees and EPFO Compliance at Evolve Snacks Private Limited
Employment history and EPFO contributions of people linked to Evolve Snacks.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Evolve Snacks Private Limited
Recent Activity on Evolve Snacks Private Limited
Evolve Snacks Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Sanjay Enishetty Kiran was appointed as Director on 15 Jun 2017.
Credit Ratings, Litigation & Regulatory Alerts for Evolve Snacks Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Evolve Snacks Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Evolve Snacks Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Evolve Snacks Private Limited
Evolve Snacks has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECE6404H1ZU | Delhi | Active | 12 Jul 2017 |
| 06AAECE6404H1ZW | Haryana | Active | 07 Nov 2019 |
| 29AAECE6404H1ZO | Karnataka | Active | 28 Jul 2023 |
| 36AAECE6404H1ZT | Telangana | Active | 01 Aug 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Evolve Snacks Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Evolve Snacks Private Limited
Evolve Snacks is an active private limited company based in New, Delhi, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 16 May 2017 (9+ years old) and is registered under CIN U55209DL2017PTC317519.
Evolve Snacks reported revenue of ₹6.2 Cr for FY 2023 (up 79% YoY).
Evolve Snacks has 3 current directors:
- Sanjay Enishetty Kiran - Director
- Angad Sehgal - Director
- Devina Sehgal - Director
Evolve Snacks reported a net loss of ₹25.97 Lakh (net margin -4.2%) and EBITDA of -₹24.89 Lakh (EBITDA margin -4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Evolve Snacks is 47% over three years and 53% over five years. In the latest year (FY 2023) revenue rose 79%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Evolve Snacks is 07AAECE6404H1ZU, registered in Delhi. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 06AAECE6404H1ZW (Haryana), 29AAECE6404H1ZO (Karnataka), 36AAECE6404H1ZT (Telangana).
The CIN (Corporate Identification Number) of Evolve Snacks is U55209DL2017PTC317519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evolve Snacks was incorporated on 16 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Evolve Snacks has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹2.95 Cr; the latest was in March 2019.
Sanjay Enishetty Kiran was appointed as Director on 15 Jun 2017. Angad Sehgal was appointed as Director on 16 May 2017. Devina Sehgal was appointed as Director on 16 May 2017.